- The number of new addresses on WorldCoi may increase due to development.
- WLD circulation decreased, but sentiment turned positive.
Sam Altman – After being affected by the OpenAI controversy, World Coin (WLD)Led by the Tools for Humanity team, we have our own update. According to the World Coin Foundation, explanation We plan to decentralize the eye scanning ecosystem.
The foundation also said it plans to provide $5 million in grants to developers interested in decentralizing the network.
The launch of Worldcoin in July did not come without concerns. At different times, several governments and privacy activists have questioned the project’s commitment to protecting users’ privacy.
Decentralization means that WLD can:
Worldcoin provided several answers, but they were not convincing to some parties. This has led some government agencies to ban Worldcoin from operating in their jurisdictions.
However, there are elements of the recent roadmap that show that efforts can be made to address this issue.
For WLD, the price failed to recover its all-time high (ATH). reached A few weeks ago. However, recently the cryptocurrency has been maintaining above $2. In terms of impact on price movements, it was unclear whether the development would have an impact.
However, the new roadmap may impact Worldcoin’s network growth. Worldcoin’s network growth has fallen to 786, according to AMBCrypto’s analysis of Santiment data.
Source: Santiment
Network growth measures the number of new addresses interacting with your project. so Diminish The metrics mean that traction for Worldcoin has been low.
However, if Worldcoin can convince users that it is not misusing their data, new addresses may flock to the network.
Players, beware of potential changes
Development activity is another indicator that may be affected. From the chart above, Worldcoin’s development activity is at its lowest level since September. These shortcomings indicate that the project has not recently incorporated any new features.
However, as subsidies became available to developers, we saw a positive change in this metric. AMBCrypto also considered the distribution of WLD. As of this writing, daily WLD circulation was 695,000.
This number was significant. Diminish From hiking on December 1st. Circulation is a function of token usage. Therefore, a decrease in circulation means that there are fewer WLD tokens participating in transactions.
On-chain data based on weighted sentiment showed The perception surrounding Worldcoin has changed.
The weighted index on December 5 was -0.224. However, data at press time shows that the figure is now positive at 1.139.
Source: Santiment
how much? Currently worth 1,10,100 WLD?
The Weighted Sentiment figure means market participants are optimistic about WLD.
Participants can also take a look at key developments in the project. WLD’s price direction may change as Worldcoin begins to fully implement its roadmap soon.